SIEMENS

8‘” August, 2018

National Stock Exchange of India Ltd.

BSE Ltd.

Scrip Code —

National Stock Exchange of India Ltd: SIEMENS EQ

BSE Ltd.: 500550

INFORMATION PURSUANT TO SEBI (LISTING OBLIGATIONS AND DISCLOSURE

REQUIREMENTS) REGULATIONS, 2015

Dear Sirs,

Pursuant to Regulation 30, 33 and other applicable Regulations of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith, the

Un—audited Financial Results (with limited review) along with the Segment wise Revenue,

Results, Assets and Liabilities for the 3rd quarter/ nine months ended 30m June, 2018, which

were approved by the Board of Directors of the Company at its Meeting held today, that

commenced at 1.30 pm. and concluded at 4.30 pm.

Please find enclosed the Press Release issued by the Company in this regard.

Yours faithfully,or Siemens Limited

t n ThakerCompany Secretary

Encl: as above

Siemens Ltd. Birla Aurora, Level 21. Plot No. 1080, Tel.: +91 (22) 39677000

CIN: LZB920MH1957PLC010839 Dr. Annie Besant Road, Worli, Website: www.siemen5.co.in

Mumbai ~ 400030 E-mail- Corporate-India Secretariat.in@siemens,com

Registered Office: Birla Aurora, Level 21, Plot No. 1080. Dr. Annie Besant Road, Worli, Mumbai — 400030. Telephone +91 22 3967 7000. Fax +91 22 24362403.

Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai. Coimbalore, Gurgaon, Hyderabad, Jaipur, Jamshedpur, Kharghar, Koikaba,Lucknow, Kochi, Mumbai, Nagpur. Navi Mumbai, New Delhi, Puducherry, Pune, Vadodara, Visakhapatnam.

Page 1 of1

S R B C 84 C0 UP iité‘ei'é’fihfi‘fpiih’amChartered Accountants

Dadar (W951)Mumbai

7

400 028, India

Tel 1191 22 6819 8000

Limited review report

Review Report to

The Board of Directors

Siemens Limited

1. We have reviewed the accompanying statement of unaudited standalone Ind AS financial

results of Siemens Limited (the ‘Ccmpany’) for the quarter ended June 30, 2018 and year to

date from October 01, 2017 to June 30, 2018 (the ‘Statement’) attached herewith, beingsubmitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulation’), read with

SEBI Circular No. ClRJ'CFD/FAC/62/2016 dated July 5, 2016 (‘the Circular’).

The preparation of the Statement in accordance with the recognition and measurement

principles laid down in Indian Accounting Standard 34, (Ind AS) 34 “Interim Financial

Reporting” prescribed under Section 133 ofthe Companies Act, 2013 (the ‘Act’) read with Rule

3 ofCompanies (Indian Accounting Standards) Rules, 2015, as amended, read with the Circular

is the responsibility of the Company's management and has been approved by the Board of

Directors of the Company. Our responsibility is to express a conclusion on the Statement based

on our review.

We conducted our review in accordance with the Standard on Review Engagements

(SRE) 2410, ‘Review of Interim Financial Information Performed by the Independent Auditor

of the Entity” issued by the Institute of Chartered Accountants of India. This standard requiresthat we plan and perfonn the review to obtain moderate assurance as to whether the Statement

is free of material misstatement. A review is limited primarily to inquiries of company

personnel and analytical procedures applied to financial data and thus provides less assurance

than an audit. We have not performed an audit and accordingly, we do not express an audit

opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to

believe that the accompanying Statement, prepared in accordance with the recognition and

measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS’)

specified under Section 133 of the Act, read with relevant rules issued thereunder and other

recognised accounting practices and policies has not disclosed the information required to be

disclosed in terms of the Regulation, read with the Circular, including the manner in which it

is to be disclosed, or that it contains any material misstatement.

ForSRBC&COLLP

Chartered Accountants

ICAI Firm 'egistration number: 324982E/E300003

Membership No: 41870

Mumbai

August 08, 2018

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SIEMENS

Statement of standalone unaudited financial results for the quarter and nine months ended 30 June 2018

(Rs. in millions)Quarter Ended Nine months ended Year Ended

P i l30 June 31 March 30 June 30 June 30 SeptemberN°' a" C" firs

201a 2018 2017 201a 2017 2017

(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

1 Revenue from operations

a) Gross sales I income from operations (refer note 1) 29,644 31,631 26,950 84,907 80,154 110,602b) Other operating income

1,086 1,203 637 2,952 1,910 2,661Total income from operations (am) 30,130 32,834 27,587 87,850 82,064 113,483

2 Other income692 639 731 2,036 1,918 2,547

3 Total Income31,422 33,473 23,318 59.895 83.902 116,030

4 Expenses

3) Cost of materials consumed (including direct project cost) 14,315 15,245 13,237 41,307 37,493 53,085b) Purchases of stook-in-trade 7.243 7,389 5,077 20,149 15,623 19,595c) Changes in inventories of finished goods, work-in-progress and stock-in-lrade (1,175) (90) (842) (2,431) (916) 823d) Excise duty (refer note 1) —

-

1,079 ~

3,335 3,335e) Empioyee benefits expense 3,799 3,653 3,522 10,850 10,226 13,925f) Finance costs 4 11 25 31 55 77g) Depreciation and amortisation expense 500 490 400 1,460 1,464 1,966h) Other expenses, net

3,520 3,409 3,248 9,059 6,963 12,205

TOE! EXPENSES 20,211 30,107 25,826 80,375 76,243 105.014

5 Profit before exceptional items and tax (3-4) 51,211 3,366 2,492 9,520 7,739 11,016

6 Exceptional items (refer note 2) --

- - 72 5,675

7 Profit before tax (5+6) 3,211 3,366 2,492 9,520 7,811 16,691

8 Tax expense (refer note 2)

a) Current tax1,405 1,118 683 3,518 2,632 4,457

b) Deferred tax (credit)/charge (238) 51 130 (145) B1 668

1,167 1,169 853 3,373 2,713 5,355

9 Net Profit after tax for the period (7-3) 2,044 2,197 1,629 6,147 5,096 11,336

10 Other comprehensive income I (loss)3) Items that will not be reclassified to profit or loss

Reemeasurement gains I (losses) on defined benefit plans 7

(102) ,

(102) 61 107Income tax effect

- 35 . 35 (21) (37)

6) Items that will be reclassified to profit or loss

Fair value changes on derivative designated as cashfiow hedge reserve, net (1) (12) (13) (12) 8 8income tax effect0 4 4 4 i3) (3)

Total other comprehensive income I (loss) (1) (75) (9) (75) 45 75

11 Total comprehensive income (including other comprehensive income) 2,043 2,122 1,620 6,072 5,143 11,411[mm]

12 Paidsup equity share capital 712 712 712 712 712 712(Face Varue or equity shares : Rs. 2 each fuIIy paid up)

13 Earnings Per Share (EPS) of Rs. 2 each (in Rupees)*

- Basic and diluted EPS before exceptional items 5.74 6.17 4.57 17.26 14.15 19,80- Basic and diluted EFS alter exceptional items 5.74 6.17 4.57 17.26 14.31 31.83"

not annualised except year end EPS

6s R B C a. CD LLD

MUN181-U

glGNEDFUR iDENTiFiCATiON

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Notes :

1 The Government of India introduced Goods and Service Tax ('GST‘) with effect from 1 July 2017 which parity replaced excise duty. Consequently, the revenue from operations for the quarter.

nine months ended 30 June 2017 and year ended 30 September 2017 (upto period ended 30 June 2017) is inclusive of excise duty recovered. Corresponding excise duty expense has been

disclosed separately.

2 The exceptional items (all of which relate to earlier periods) tor the :

I) nine months ended 30 June 2017 and year ended 30 September 2017 includes profit on sale of wind power business forming part of Power and Gas segment of the Company amounting to Rs.

72 million (exciudlng tax impact Rs. 16 million) and;

ii) year ended 30 September 2017. includes profit on sale of property located at Worli, Mumbai amounting to Rs. 5.603 million (excluding tax impact Rs. 1.373 million).

3 The board of directors of the Company. at their meeting held on 21 Febmary 2018. has agreed in—pn'ncipte. subject to terms and conditions to be determined, to sell

i) its Mobility Division and Rail Traction Drives business (included in Process Industries and Drives Division which provides products and services to Mobility Division) as also its wholly owned

subsidiary Siemens Rail Automation Private Limited. to Siemens AG. Germany (”SAG") or its subsidiary.

ii) its Mechanical Drives business (included in Process Industries and Drives Division} to SAG or its subsidiary.

Consequent to such in-pn'nciple approval. the Board of Directors have constituted a Committee of Directors to determine the consideration. terms and conditions and such other matters as may

be considered expedient with respect to the aforesaid proposed transactions and make recommendations thereon to the Board of Directors for its consideration.

4 Previous period figures have been regroupedr reclassified wherever necessary. to conform to cun‘ent period classification.

5 The above financial results were reviewed and approved by the Audit Committee and Board of Directors at their meeting held on 8 August 2018 and have been subjected to Limited Review by the

Statutory Auditors.

gIVGNEDFOR lDENTlFlL‘ATlDN r Siemens Limited

aloe.Sunil Mathur

Managing Director and Chief Executive OfficerPlace : Mumbai 3 R B C 84 C D L LPDate :‘ d August 2015 M U M BA‘Siamens Limited

Registered office: Birla Aurore. Level 21. Plot No. 1030. Dr. Annie Besant Road, Worti Mumbai - 400030

Corporate Identity number: L28920MH1957PLCO10839

Tel.: +91 22 3967 7000; Fax: +91 22 2436 2403

Email it Contact : Congorate—Secretsrial.in@siemens.com I W.siemens.co.inr‘contact

Website: www.siemen§.co.in.

SIEMENS

Segment Wise Revenue. Results, Assets & Liabilities for the quarter and nine months ended 30 June 2018(R5. In millions)

Quarter Ended Nine Months Ended Year Ended

30 June 31 March 30 June 39“?“ 30 September2018 2018 2017 2018 2017 2017

7 7(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

1. éegment Revenue

Power and Gas 3.439 3,699 3.035 10,119 10.523 14.403

Energy Management 13.136 14.842.

12,145 38,344 33,040 46,492

Building Technologies 1.251 1,245 1.119 3.386 3.203 4.399

Mobility (Refer note 3] 2.132 2,079 2.710I 6.262 9.311 11.372

Digital Factory 5.290 6,204 4.723 17.541 14.387 20.460

Process industries and Drives [Reter note 3) 5,484 5.670 5.491 15,167 16.769 22.548

Others 359 445 361 1.074 9927

1.324

32.091 34.134 29.534 91.893 83.225 121.498

Less : Inter Segment Revenue 1.361 1.350 1.997 4.034 6.161 6.015

Total Income From Operations 30.730 32.834 27,587 87.559 82.064 113,483

, ,

2. Segment Results

Power and Gas 671 441 163 1.652 1.346 2.014

Energy Management 752 1.242 800 3.093 2.270 3,234

Building Technologies 106 ‘

111 67 282 143 290

Mobility [Refer note 3] 161 156 253 . 432 561 903

Digital Factory 614 435 336 1.457 865 1.230

Process industries and Drives [Refer note 3) 122 249 84 329 306 545

Others 97 104 83 270 285_ _ _

330

Profit From Operations 2.523 2,738 1.786 7.515 5,876 6,545

Add:

a) Other Income 692 639 731 2.036 1.918 2.547

b) Exceptional items [Refer note 2], A - - 72 5.675

Less:

a} Finance costs 4 117 725 7 7

3t 55 77

Profit Before Tax 3,211 3.365 2.492 9.520 7.811 15,691

3. Segment Assets

Power and Gas 9.091 9.478 10.261 9.091 10,281 8,955

Energy Management 40.403 38.343 35.907 40.403 36.907 34,904

Building Technologies 2,079 1.988 1.632 2.079 1.832 1.863

Mobility [Refer note 3) 5,605 6.560 7.142 6.605 7,142 5,962

Digital Factory 8.144 7.895 6.977 8.144 6,977 7.606

Process Industries and Drives [Reler note 3] 12.555 12.052 10.460 12.555 10.480 11.156

Others 3.142 3.145 3.518 3.142 3.516 3.202

Unallocaled (including cash and bank balance 53.163 52.745 46.513 53.163 46,513 57,583

Total Assets‘

135.182 132.220 123,630 135.132 123.630 131.231

4. Segment Liabilities

Power and Gas 9.099 9.055 9.194 9.099 9.194 7.961

Energy Management 22.048 22.369 22.141 22.048 22.141 21.934

Building Technologies 1.780 1.604 1.535 1.780 1,535 1.607

Mobility [Refer note 3] 4.179 4.287 4.102 4.179 4.102 3.786

Digital Factory 5.406 5,965 4.814 6.406 4,814 5.895

Process Industries and Drives [Refer note 3) 7.542 7.213 7.192 7.542 7,192 8,030

Others 1.012 1,026 1.567 1.012 1.567 1.224

Unallocated 2.999 2.629 2.306 2.999 2.306 3.74?

Total Liabilities 55.055 54.148 52.051 55.065 52.851 54.184

SIGNED FDR rormrrrmronBY

S R B C & CD [LP

MUMBAI

SIEMENS

PressMumbai, August 08, 2018

Siemens Limited records 14.6% comparable growth in

Revenue; Profit after Tax up by 25.5% for Q3 FY18

Siemens Limited registered Revenue of Rs. 2,964.4 crore in the third quarter of Financial

Year 2018 ended June 30, 2018, which amounts to a 14.6% increase (excluding impact

of Excise Duty from the revenue for the corresponding quarter of the previous year)

compared to the same period last year.

Profit after Tax for the quarter was Rs. 204.4 crore, up by 25.5% over the same period in

the preceding year. New Orders for the period stood at Rs. 2,840.7 crore.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said

“Order growth of our base business is robust across most of our divisions. However large

infrastructure tenders, particularly in the Railways, Power Generation and Transmission

sectors continue to be muted while demand seems to be increasing from the State

Discoms. We see private sector Capex also picking up with increased interest in our

Digitalization solutions.”

Contact for journalists:

Siemens Limited, Media Relations

Bijesh Kamath, phone: +91 22 3967 7537, 3967 7000

E-mail: biiesh.kamath@siemens.com

Follow Siemens India on Twitter: www.twitter.com/siemensindia

Siemens Limited focuses on the areas of electrification, automation and digitalization. It is one of the leading producers of

technologies for combined cycle turbines for power generation; power transmission and distribution solutions; infrastructure

solutions for Smart Cities and transportation; automation and software solutions for industry. Siemens Ltd., in which

Siemens AG holds 75% of the capital, is the flagship listed company of Siemens AG in India. As of September 30, 2017,

Siemens Ltd. had Revenue of INR 110602 million and 9,551 employees. Further information is available on the Internet at

www.siemens.co.in.

Siemens Ltd.

Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road,

Worli, Mumbai —400030, India

Tel. : (022) 3967 7000, 3967 7537

Head, Corporate Communications: Ramya Rajagopalan

Corporate Identity Number: L28920MH1957PLC010839

Reference number: CC/PR/19/CORP 08 2018

Forward-looking statements: "This document contains forward-looking statements based on beliefs of Siemens' man-

agement. The words 'anticipate', ‘believe’, ‘estimate’, ‘forecast’, ‘expect’, ‘intend’, ‘plan’, ‘should’, and ‘project’ are used to

identify forward looking statements. Such statements reflect the company's current views with respect to the future events

and are subject to risks and uncertainties. Many factors could cause the actual result to be materially different, including,

amongst others, changes in the general economic and business conditions, changes in currency exchange rates and inter-

est rates, introduction of competing products, lack of acceptance of new products or services, and changes in business

strategy. Actual results may vary materially from those projected here. Siemens does not intend to assume any obligation to

update these forward-looking statements.”